/biz/ - Business & Finance

>“The biggest challenge that bitcoin faces is investors,” said Palmer, who attended the cryptocurrency conference CoinSummit on Tuesday.

>“It’s being marketed wrong. Half the people on this floor right now are selling bitcoin as an invest opportunity. It’s not an investment opportunity, it’s a currency.”

>Exchanges, said Palmer, were in some ways “one of the worst” things to happen to bitcoin, because they reinforce the idea of the currency as an investment.

>“Everybody here is sitting around thinking how much is my bitcoin worth in dollars,” Palmer said of CoinSummit attendees. “That will be bitcoin’s undoing, the fact that everyone cares so much about what it will cash out to in US dollars.”

http://blog.seattlepi.com/techchron/2014/03/26/dogecoin-bitcoin-investors-are-the-real-problem/